A follow-on offering is when a public company, already listed on an exchange, issues new shares to investors. The general public has typically not had access to these offerings, but LOYAL3 is changing that.
Learn More About Follow-Ons
Follow-on shares are frequently, but not always, offered at a modest discount from the closing market price on the day of the transaction. In some cases, you may receive shares at a higher price than the public stock.
Learn More About Pricing
When you participate in a follow-on with LOYAL3, you select the maximum amount you wish to invest and wait for pricing. You can cancel at any time before the end of the two-hour decision window, which begins once final pricing is announced.
In a follow-on, shares are limited and you may receive less than you request during the enrollment process. You only pay for shares you receive.